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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2022
EARNINGS PER SHARE [Abstract]  
Computations of Basic and Diluted Earnings Per Share
In accordance with current accounting guidance, the revaluation of redeemable non-controlling interest (see Note 5 – Redeemable Non-Controlling Interest), net of tax, charged directly to retained earnings is included in the earnings per basic and diluted share calculation. The following table provides a detail of the basic and diluted earnings per share computation (in thousands, except per share data).

 
Three Months Ended
    
Nine Months Ended
  
   
September 30, 2022
    
September 30, 2021
    
September 30, 2022
    
September 30, 2021
  
Computation of earnings per share - USPH shareholders:
                        
Net income attributable to USPH shareholders
  
$
9,557
    
$
10,009
    
$
29,551
    
$
30,618
  
Charges to retained earnings:
                                
Revaluation of redeemable non-controlling interest
    
(196
)
    
(2,070
)
    
(193
)
    
(11,889
)
Tax effect at statutory rate (federal and state) of 25.55%
    
50
      
529
      
49
      
3,038
  
   
$
9,411
    
$
8,468
    
$
29,407
    
$
21,767
  
                                 
Earnings per share (basic and diluted)
  
$
0.72
    
$
0.66
    
$
2.27
    
$
1.69
  
                                 
Shares used in computation:
                                
Basic and diluted earnings per share - weighted-average shares
    
13,001
      
12,909
      
12,979
      
12,894